Latest Business News - Africa

Berths 13, 14 Construction Kicks Off Next Year

Tanzania Ports Authority (TPA) has finally secured funds for construction of berths 13 and 14 which were on drawing board for almost five years. The fund, 690 million US dollar, put together by  Read More..

Posted on : 04 Apr,2016


Botswana-Zambia bridge construction project on track officials say

The proposed construction of  the Botswana-Zambia bridge is in good progress officials have  announced. The Kazungula Bridge is on the border between Botswana and  Read More..

Posted on : 04 Apr,2016


US developer to construct 60,000 capacity stadium in Tema, Ghana

The Tema Metropolitan Assembly in Ghana, supported by the Ghana national government, has reached a partnership agreement with US-based firm, Transatlantic BDR, to construct a 60,000 capacity stadium  Read More..

Posted on : 04 Apr,2016


AfDB approves US$228 million for rehabilitation of strategic Kenya-Tanzania link road

The African Development Bank (AfDB) has approved a US $228 million loan to the Government of Kenya to rehabilitate the 172-kilometre road linking the town of Isebania on the border of Tanzania with  Read More..

Posted on : 04 Apr,2016


Kenya and China sign Naivasha-Malaba SGR line agreement

Kenya and China have signed a US$ 5.4bn agreement that will see the construction of the Naivasha-Malaba Standard Gauge Railway line under the Kenya SGR Developments complete. The signing of the  Read More..

Posted on : 04 Apr,2016


Construction of luxurious hotel in Kenyan capital Nairobi underway

 A major luxurious hotel in Kenyan capital Nairobi  is being constructed by Best Western Plus Creekside Hotel and managed by French group AccorHotels. The Pullman Hotel will is expected to  Read More..

Posted on : 18 Feb,2016


Ghana National Gas Company to construct new gas plant

 The Ghana National Gas Company has plans to construct new gas plant in Ghana. Dr. George Sipa Yankey, Ghana Gas Company  Chief Executive Officer announced. The project is expected to be  Read More..

Posted on : 18 Feb,2016


South Africa:Newly constructed Radisson Blu Hotel in Cape Town set to open

 The much anticipated Radisson Blu Hotel in Cape Town is set to open in Cape Town in the course of this year.   Stonehill Property Fund, a land owner, and South African developer  Read More..

Posted on : 18 Feb,2016


Major highway in Ghana to be expanded in reconstruction plan

A Major highway in Ghana is to be expanded in reconstruction plan due to start March 2016,Inusah Fuseini, Ghana’s Roads Minister has announced. The feasibility studies are underway to give  Read More..

Posted on : 12 Feb,2016


Road construction in Malawian capital Blantyre to begin

Construction of three roads in Malawian commercial capital Blantyre is set to kick off after the Blantyre City Council received $1.6 million dollars from government. The three roads set for  Read More..

Posted on : 12 Feb,2016


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